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Founded Year

2017

Stage

Series C | Alive

Total Raised

$111.69M

Last Raised

$30M | 10 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+22 points in the past 30 days

About Center

Center specializes in expense management solutions within the financial technology sector. The company offers a connected corporate card and expense management software that provides visibility into employee spending and streamlines the expense reporting process. Center was formerly known as Touchstone ID. It was founded in 2017 and is based in Bellevue, Washington. In April 2024, Center was acquired by Direct Travel.

Headquarters Location

500 108th Avenue North East Suite 2150

Bellevue, Washington, 98004,

United States

425-454-8520

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Center's Product Videos

ESPs containing Center

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Networking

The telecom expense management (TEM) market offers significant benefits to organizations that want to optimize their telecom spending. TEM solutions provide comprehensive visibility and control over telecom expenses, including mobile, fixed-line, and data services. With TEM, businesses can accurately track and analyze usage patterns to identify cost-saving opportunities and negotiate better rates …

Center named as Leader among 9 other companies, including Orange Business Services, Tangoe, and Airbase.

Center's Products & Differentiators

    Center_(CenterCard + Center Expense) _Factsheet

    The CenterCard® Mastercard® is more than a corporate card—it’s an integrated card and modern app experience that captures spend as it happens and automates the traditionally cumbersome expense reporting process. Center Expense is the automated expense interface that takes care of tedious tasks like receipt wrangling, manual audits, and p-card reconciliation. Every purchase made with CenterCard® Corporate Credit Card, is visible instantly in Center Expense, enabling you to see at a glance which expenses are missing receipts or manager review, and send one-click reminders. Center Expense interface automatically audits every single transaction and flags all out-of-policy spend for review, and is also fully customizable to meet the needs of your business; easily add fields, create workflows, and set up rules for policy flags and app

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Research containing Center

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Center in 1 CB Insights research brief, most recently on Oct 26, 2023.

Expert Collections containing Center

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Center is included in 3 Expert Collections, including HR Tech.

H

HR Tech

4,044 items

The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.

P

Payments

3,033 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.

F

Fintech

9,294 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Center Patents

Center has filed 130 patents.

The 3 most popular patent topics include:

  • acoustics
  • electromagnetism
  • spectroscopy
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/13/2021

7/23/2024

Artificial neural networks, Machine learning, Electronic design automation, Lithography (microfabrication), Electronic design

Grant

Application Date

9/13/2021

Grant Date

7/23/2024

Title

Related Topics

Artificial neural networks, Machine learning, Electronic design automation, Lithography (microfabrication), Electronic design

Status

Grant

Latest Center News

A special program to ensure that elections are not disturbed by disasters

Sep 21, 2024

A special program to ensure that elections are not disturbed by disasters 0 comments The Disaster Management Center and the Election Commission have planned to jointly implement a special joint program focusing on holding elections without being disturbed by disasters. The Center for Disaster Management says the Emergency Disaster Response Preparedness Plan is now ready to minimize the obstacles that may be faced due to disasters during the presidential election period. The Disaster Management Center says that if there is an obstacle to electoral functions or voting due to disasters during the presidential election period, this program has been implemented to handle the obstacles. Therefore, the Meteorological Department and the Irrigation Department have been informed to forward the minutes to the Election Commission at 3:00 am on the three days of today (20), tomorrow (21) and the day after tomorrow (22). According to reports, if a disaster occurs, the Disaster Management Center also said that it has been informed to take immediate action through the relevant District Secretariat. Share this:

Center Frequently Asked Questions (FAQ)

  • When was Center founded?

    Center was founded in 2017.

  • Where is Center's headquarters?

    Center's headquarters is located at 500 108th Avenue North East, Bellevue.

  • What is Center's latest funding round?

    Center's latest funding round is Series C.

  • How much did Center raise?

    Center raised a total of $111.69M.

  • Who are the investors of Center?

    Investors of Center include Top Tier Capital Partners, Durable Capital Partners and Paycheck Protection Program.

  • Who are Center's competitors?

    Competitors of Center include Airbase, Moss, Jeeves, Ramp, Brex and 7 more.

  • What products does Center offer?

    Center's products include Center_(CenterCard + Center Expense) _Factsheet .

  • Who are Center's customers?

    Customers of Center include Student Mobilization and KHS & S .

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Compare Center to Competitors

Brex Logo
Brex

Brex is a financial technology company that specializes in AI-powered spend management for businesses. The company offers corporate credit cards, automated expense management, and bill payment software, as well as banking and treasury services that include high-yield deposits and FDIC-insured accounts. Brex primarily serves startups, mid-size companies, and enterprises, providing them with tools to control and track company spending in real-time. Brex was formerly known as Veyond. It was founded in 2017 and is based in San Francisco, California.

Ramp Logo
Ramp

Ramp specializes in spend management solutions within the financial technology sector. The company offers a suite of products that include corporate cards, expense management, and accounts payable automation designed to streamline finance operations and improve efficiency for businesses. Ramp's platform also provides features such as automated procurement, vendor management, and working capital solutions, catering to a diverse range of customer needs from startups to large enterprises. It was founded in 2019 and is based in New York, New York.

Pleo Logo
Pleo

Pleo operates as a business spend management platform. It provides virtual cards, expenses, automated expense reports for employees, invoices, and more. It serves industries such as retail, healthcare, technology, and more. It was founded in 2015 and is based in Kobenhavn N, Denmark.

T
Torpago

Torpago specializes in providing a corporate credit card and expense-tracking platform. The company helps businesses manage expenses and has established a white-label program partnership with banks and credit unions. It serves the banking and financial services industries with modern credit experiences. It was founded in 2019 and is based in San Mateo, California.

Payhawk Logo
Payhawk

Payhawk is a spend management platform that operates in the financial technology sector. The company offers a suite of tools for managing corporate expenses, including issuance of corporate cards, automation of expense management, and comprehensive accounts payable software. Payhawk's solutions are designed to provide real-time visibility and control over business spending, streamline financial operations, and integrate with existing ERP and accounting systems. It was founded in 2018 and is based in London, England.

M
Mesh

Mesh is a company that focuses on travel and expense management for enterprises, operating within the financial technology sector. The company offers a platform that provides solutions for travel management, spend management, and expense management, aiming to provide real-time visibility, control, and insights into all expenses. Mesh primarily serves modern global enterprises. It was founded in 2018 and is based in New York, New York.

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